Tag: Financing

WOBURN, Mass., June 11, 2025 (GLOBE NEWSWIRE) -- Biofrontera Inc. (Nasdaq: BFRI), a biopharmaceutical company focused on the development and commercialization of photodynamic therapy (PDT), confirms a disclosure by the Management Board of Biofrontera AG on June 10, 2025, according to which the two companies are in negotiations regarding a possible combination of the two companies or an adjustment of the license and supply agreement between them. The latter could result in the transfer of certain rights and obligations from Biofrontera AG to Biofrontera Inc. and a reduction in the transfer price for Biofrontera Inc.’s licensed products sold in the US.

New York City, June 11, 2025 (GLOBE NEWSWIRE) -- Financial crises impact millions of Americans each year, too often leaving people with poor credit choices navigating for instant funding alternatives. Low Credit Finance, an online lending marketplace, has created a $500 loan product tailored to subprime borrowers who have poor credit records. The product takes advantage of the increased need for affordable emergency lending among consumers who do not qualify for conventional bank loans.

CINCINNATI, Ohio, June 11, 2025 (GLOBE NEWSWIRE) -- Onconetix, Inc. (NASDAQ: ONCO) (“Onconetix” or the “Company”), a commercial-stage biotechnology company focused on the research, development, and commercialization of innovative solutions for men’s health and oncology, today announced that the Company’s stockholders have approved a proposal to effect a reverse split, which was voted on at the Company’s 2025 special meeting of stockholders (the “Special Meeting”) held on May 30, 2025, and that its Board of Directors (the “Board of Directors” or “Board”) approved a 1-for-85 reverse stock split of its outstanding shares of common stock, to be effective as of 12:01 a.m. Eastern Time on June 13, 2025.

$52.1 Million Development to Create 168 Affordable Units

Chicago, Illinois, June 11, 2025 (GLOBE NEWSWIRE) -- Mag Mile Capital, Inc. (OTCQB: MMCP) ("Mag Mile", or the "Company") is pleased to announce the successful closing of $9.75 million in cash out CMBS financing for the Holiday Inn at Indianapolis Airport, a premium hotel located in Indianapolis, Indiana.

$2 million in DoD funding enables the evaluation of SeaStar Medical’s SCD therapy in the setting of severe burns, inhalation injury, and sepsis

Profoto’s new B20 and B30 OCF flash heads with continuous bi-color LEDs promise power and precision in a portable package.

Services and Housing in the Province’s new project–designed to provide supportive housing to those facing mental health challenges and homelessness—will result in significant cost savings of up to $7.7M annually for Brampton by reducing hospitalization and shelter usage